Chennai: Manali Petrochemicals Limited (MPL) and Econic Technologies have entered into a Memorandum of Understanding (MoU) for introducing a more environment friendly, CO2 containing polyols, into the USD 28 billion global polyols market.
MPL has signed the MoU with Econic Technologies to scale their catalyst technology which would enable substitution of fossil based raw materials with captured waste CO2 in the production of polyols.
The partnership involves MPL and Econic collaborating to scale the technology at MPLāsĀ pilot plant in India.
On successful completion, this will be followed by the introduction of the process to oneĀ of the production trains in MPLās main plant.
The shared intent is to bring CO2-containing polyols to MPLās customers, a releaseĀ said here.